Meta Materials Stock Market Value
| MMAT Stock | USD 0.06 0.12 66.11% |
| Symbol | Meta |
Meta Materials Price To Book Ratio
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meta Materials. If investors know Meta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meta Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (65.82) | Revenue Per Share 1.539 | Quarterly Revenue Growth 1.317 | Return On Assets (0.12) | Return On Equity (1.98) |
The market value of Meta Materials is measured differently than its book value, which is the value of Meta that is recorded on the company's balance sheet. Investors also form their own opinion of Meta Materials' value that differs from its market value or its book value, called intrinsic value, which is Meta Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meta Materials' market value can be influenced by many factors that don't directly affect Meta Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meta Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Meta Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meta Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Meta Materials 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Meta Materials' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Meta Materials.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Meta Materials on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Meta Materials or generate 0.0% return on investment in Meta Materials over 30 days. Meta Materials is related to or competes with Cps Technologies, Kopin, Wallbox NV, Corning Incorporated, KULR Technology, Methode Electronics, and LightPath Technologies. Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites More
Meta Materials Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Meta Materials' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Meta Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 27.77 | |||
| Information Ratio | 0.0412 | |||
| Maximum Drawdown | 279.37 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 30.43 |
Meta Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meta Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meta Materials' standard deviation. In reality, there are many statistical measures that can use Meta Materials historical prices to predict the future Meta Materials' volatility.| Risk Adjusted Performance | 0.0439 | |||
| Jensen Alpha | 1.98 | |||
| Total Risk Alpha | (4.52) | |||
| Sortino Ratio | 0.0592 | |||
| Treynor Ratio | (0.97) |
Meta Materials Backtested Returns
Meta Materials is out of control given 3 months investment horizon. Meta Materials has Sharpe Ratio of 0.0574, which conveys that the firm had a 0.0574% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.34% are justified by taking the suggested risk. Use Meta Materials Mean Deviation of 15.98, risk adjusted performance of 0.0439, and Downside Deviation of 27.77 to evaluate company specific risk that cannot be diversified away. Meta Materials holds a performance score of 4 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.82, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Meta Materials are expected to decrease by larger amounts. On the other hand, during market turmoil, Meta Materials is expected to outperform it. Use Meta Materials potential upside, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Meta Materials.
Auto-correlation | 0.03 |
Virtually no predictability
Meta Materials has virtually no predictability. Overlapping area represents the amount of predictability between Meta Materials time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Meta Materials price movement. The serial correlation of 0.03 indicates that only 3.0% of current Meta Materials price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Meta Materials lagged returns against current returns
Autocorrelation, which is Meta Materials stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Meta Materials' stock expected returns. We can calculate the autocorrelation of Meta Materials returns to help us make a trade decision. For example, suppose you find that Meta Materials has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Meta Materials regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Meta Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meta Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meta Materials stock over time.
Current vs Lagged Prices |
| Timeline |
Meta Materials Lagged Returns
When evaluating Meta Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meta Materials stock have on its future price. Meta Materials autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Meta Materials autocorrelation shows the relationship between Meta Materials stock current value and its past values and can show if there is a momentum factor associated with investing in Meta Materials.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Meta Stock Analysis
When running Meta Materials' price analysis, check to measure Meta Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meta Materials is operating at the current time. Most of Meta Materials' value examination focuses on studying past and present price action to predict the probability of Meta Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meta Materials' price. Additionally, you may evaluate how the addition of Meta Materials to your portfolios can decrease your overall portfolio volatility.